Case Study

Youth Services Focusing on Foster Care Seeks Financial Guidance As They Branch Off From Parent Organization

Youth Services Focusing on Foster Care Seeks Financial Guidance As They Branch Off From Parent Organization

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Case Study: Connected by 25 Connected by 25 Connected by 25 is an organization, originally created by United Way of Central Indiana, focusing on providing children in foster care with opportunities to learn how to be self-sustaining by age 25. The Challenge When separating into a stand-alone nonprofit, Connected by 25 realized they needed a partner with nonprofit and accounting expertise to help them understand exactly what they needed to know, ensuring their organization’s mission and vision would be financially supported. The Solution Starting from scratch, Foster Results worked with staff to create a chart of accounts, develop a general ledger system and create best practice financial procedures. The Foster team provided leadership and answered questions while working with t

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